Flotek Industries, Inc. (FTK)

From the record

Flotek Industries, Inc.'s filings since 2017 show 9 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 3 times, the latest 2023-04-17); an auditor change (8-K item 4.01, 4 times, the latest 2021-07-01); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2020-11-06) (its current reports).

From the record

Flotek Industries, Inc.'s 10 filed years say what it did: revenue went from $188 million in fiscal 2016 to $237 million in fiscal 2025, up 2.6% a year; it rose in 4 of 9 years; the deepest fall was 84% from fiscal 2017 to fiscal 2021; net income was positive in 3 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Flotek Industries, Inc.'s diluted share count grew about 42.8% a year, and dividends and buybacks returned about 0% of its net income over 3 years (its filed statements). Its officers and directors filed 3 sales and 1 purchase of their own stock on the open market in the year to 2026-11-02, buying about $34 million (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Flotek Industries, Inc. earned about 27 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 27 cents per dollar of everything the company owns. Leverage: it owed about 49 cents per dollar of assets, and net share issuance: its share count grew 17.1% over the year (the filed statements).

From the record

Flotek Industries, Inc.'s standing among 9 graded names in its industry family: revenue of $237 million in fiscal 2025 ranks in the bottom 44% by size; a net margin of 12.9% ranks in the top 6%; revenue growth of 20.4% a year over the last 3 filed years ranks in the top 19% (its annual reports).

From the record

Flotek Industries, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Ezell, Ryan Gillis (CEO, as filed), filing under that title since 2023-06-20, 3.4 years (bottom 31% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 3.7 years (bottom 36%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (bottom 36%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Flotek Industries, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $6 million against debt of $40 million leaves -15.6% of its assets as net cash, bottom 44% of its family; cash from operations less capital spending is 3% of revenue (top 44%); a gross margin of 25.2% (bottom 31%); research spending of 0.8% of revenue (bottom 6%) (its annual report).

From the record

Flotek Industries, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 20.4% a year over the last three filed years against 2.6% over all 10, speeding up (top 6% of its family); the newest year grew 26.9% (top 17%); research spending grew -25.7% a year (bottom 17%); capital spending grew -44.1% a year (bottom 17%) (its annual reports). Flotek Industries, Inc. reported 3 product lines in fiscal 2025: Product at $213 million (90%), Rental at $16 million (7%), Service at $8 million (3%); 2 of 2 grew against the year before (its annual report).

From the record

Flotek Industries, Inc.'s newest year against its own record: revenue of $237 million in fiscal 2025 came in 8.2% above the $219 million its prior three years' pace pointed to (top 21% of its family); net income of $31 million against a prior three-year average of $2 million (top 6%); a net margin of 12.9% against -4.1% before (top 19%) (its annual reports).